Happy Friday. 

Scheduled Shipment brings you latest updates in global commerce, supply chain, and logistics.

Top News

18,000 zero-emission trucks have been deployed in the U.S., up from 2,000 in 2021.

Maersk and Hapag-Lloyd form alliance, aiming for 90% schedule reliability (industry average was 30% in Jan 2022).

Trucking fraud is an $800 million problem.

Mid-Size Fundings

Xyte, a three-year-old Tel Aviv startup that enables hardware OEMs and their channel partners to build subscription services for devices, raised a $20 million Series A round led by Intel Capital. Samsung Next, S Capital, and Mindset Ventures also participated. More here.

Carmoola, a two-year-old London startup that provides car financing via an app, raised a $19.6 million Series B round. Investors included QED, VentureFriends, InMotion Ventures, AlleyCorp, and u.ventures. More here.

SeeTree, a seven-year-old Tel Aviv startup that monitors tree health, raised a $17.5 million Series C led by HSBC and European Bank for Reconstruction and Development (EBRD). OurCrowd and SmartAgro also participated alongside existing investors Hanaco Ventures, Mindset Ventures The Founders Kitchen, Orbia Ventures, and Citrosuco. More here.

Digital Infrastructure, a four-year-old Brooklyn startup that runs DIMO, a decentralized car data protocol, raised a $11.5 million Series A led by CoinFund with participation from Slow Ventures, ConsenSys Mesh, Borderless Capital, Bill Ackman’s Table Management, and ex GM CEO Rick Wagoner Jr. The company has raised a total of $22 million. More here.

Smaller Fundings

Velou, a six-year-old San Francisco startup that offers an AI copilot for ecommerce, raised a $4 million Seed led by ANIMO Ventures with participation from Ascend, Sentiero, Revelry, Startup Haven, SK Ventures, and others. More here.

Atmen, a two-year-old Munich startup that tracks carbon for industrial products, raised a $1.4 million Pre-Seed led by Revent and Vireo Ventures. More here.

Saledock, a four-year-old U.K. startup that provides a unified ecommerce platform, raised a $191k Pre-Seed from Solid Bond. More here.

Exits

TPG, the $212bn asset management firm, bought a $228 million majority stake in Washington, D.C.-based Sayari Labs, the eight-year-old counterparty and supply-chain risk intelligence platform. Sayari had raised $56 million in total funding before the acquisition. More here.

Sphera, the Blackstone-backed provider of ESG and risk management software, acquired Santa Cruz, CA-based SupplyShift, the 12-year-old supply-chain analytics and regulatory compliance platform. SupplyShift had raised $29 million in total funding before the acquisition. More here.

Events

Jan 23 2024: Gen AI in eCommerce

• Location: Virtual

• Time: 4-6pm

• Description: As the e-commerce landscape rapidly evolves, the role of General AI (Gen AI) is becoming increasingly significant. This two-hour online event is dedicated to exploring how Gen AI is revolutionizing the eCommerce sector by moving beyond traditional predictive algorithms to embrace more comprehensive and holistic decision-making approaches.

Feb 22 2024: re:Forge Manufacturing Startup Showcase

• Location: San Francisco

• Time: 6-8pm

• Description: Schematic Ventures is excited to host our next manufacturing startup showcase! During the event, the founders of San Francisco's top manufacturing startups will answer questions about their companies and the complexities of building and operating in the space.